Michael Simon, staff writer for PCWorld, discusses the Waymo vs. Uber trade secrets trial and the testimony from former Uber CEO Travis Kalanick.
We dig into Kalanick's statements in the trial where he seemed to distance himself from Anthony Levandowski, the former Waymo employee accused of taking trade secrets with him to Uber. Kalanick says he tried to give Levandowski independence while he ran Otto, the self-driving car company that Uber eventually acquired.
Simon says Kalanick's testimony could seem nefarious if you believe he was involved with the theft of intellectual property. He says the question here is where Levandowski ends and where Waymo begins.
Amazon is giving employees the option to use their equity in the company as a form of collateral when purchasing a home through online mortgage lender Better.com.
Target reported on Tuesday a 43% drop in profits and a slight uptick in sales for the holiday quarter, reflecting the discounter's ongoing challenges of cautious consumer spending and its own higher costs.
The largest movie theater chain in the U.S., AMC Theatres, is launching a line of microwave and ready-to-eat popcorn products in a bid to diversify its business.
Elon Musk is back on top of Bloomberg's ranking of the richest people on earth. The billionaire lost his position to Bernard Arnault, who helms French high-fashion conglomerate LVMH, in December of 2022, as Tesla's stock declined significantly amid a broader market downturn.
